56 Reeve Street

    56, REEVE STREET, LOWESTOFT, NR32 1UF

    This terraced freehold property on Reeve Street last sold in May 2022 for £115,000. Based on price growth in the NR32 district since then, its estimated current value is £119,052 — placing it in the 7th percentile nationally and the 9th percentile within NR32. The property covers 59 m² (635 sq ft), giving an estimated value of £2,018 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    59 m²

    (635 sq ft)

    Last Sale Price

    £115,000

    May 2022

    Estimated Valuation

    £119,052

    Est. £/m²

    £2,018/m²

    £187/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area59 m² (635 sq ft)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2022

    £115,000

    6 Feb 2019

    £86,000

    17 Jun 2005

    £75,000

    10 Dec 2003

    £58,000

    16 Dec 1998

    £24,000

    21 Jan 1997

    £26,000

    Key Metrics

    Estimated valuation£119,052
    Value per m² / sq ft£2,018/m² (£187/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR32 district percentile9th percentile
    National percentile7th percentile

    District Context — NR32

    NR32 covers Great Yarmouth and the surrounding coastal areas of Norfolk, situated on the east coast. It is a seaside town with a mixed demographic profile and relatively affordable housing compared to national averages.

    Average Property Price - NR32

    £238,229

    24

    National percentile

    Average Net Household Income - NR32

    £33,294

    21

    National percentile

    10-Year Annualised Price Growth - NR32

    3.9%

    62

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR32

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